Trend analysis.

This week, the price will continue to move up and once again try to test the pullback level of 38.2% – 1.1082 (blue dotted line). A breakthrough is unlikely, and the market from this level will try to start moving down into a pullback, with the first target of 1.1019 – a pullback level of 23.6% (red dotted line).

Fig. 1 (weekly chart).

Complex analysis:

- Indicator analysis – up;

- Fibonacci levels – up;

- Volumes – up;

- Candle analysis – up;

- Trend analysis – up;

- Bollinger bands – down;

- Monthly chart – up.

The conclusion of the complex analysis – an upward movement.

The total result of calculating the candle of the EUR/USD currency pair according to the weekly chart: the price for weeks is more likely to have an upward trend with the absence of the first lower shadow at the weekly white candle (Monday – up) and the lack of the second upper shadow (Friday – up).